PS Business Parks CEO Joseph Russell receives $1.7M in 2006

PS Business Parks reports 2006 executive compensation

By ExecPay News

Published: April 3, 2007

PS Business Parks reported fiscal year 2006 executive compensation information on April 3, 2007.
In 2006, five executives at PS Business Parks received on average a compensation package of $910K.
Average pay of disclosed executives at PS Business Parks
Joseph D. Russell, Jr, Chief Executive Officer, received $1.7M in total. 43% of Russell's compensation, or $714K, was in stock awards. Russell also received $388K in non-equity incentive plan, $153K in option awards, $381K in salary, as well as $30K in other compensation.
John W. Petersen, Chief Operating Officer, received a compensation package of $897K. 38% of the compensation package, or $341K, was in stock awards.
M. Brett Franklin, Senior Vice President, Acquisitions and Dispositions, earned $672K in 2006.
Maria R. Hawthorne, Senior Vice President, East Coast, received $661K in 2006.
Edward A. Stokx, Chief Financial Officer, earned $655K in 2006.

Related executives

Joseph Russell

PS Business Parks

Chief Executive Officer

John Petersen

PS Business Parks

Chief Operating Officer

Edward Stokx

PS Business Parks

Chief Financial Officer

M Franklin

PS Business Parks

Senior Vice President, Acquisitions and Dispositions

Maria Hawthorne

PS Business Parks

Chief Executive Officer

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Source: SEC filing on April 3, 2007.